Manufacturing overhead data for the production of Product H by Maria Company, assuming the company uses a standard cost system are as follows. Overhead incurred for 45,600 actual direct labor hours worked $370,240 Overhead rate (variable $6; fixed $2) at normal capacity of 56,300 direct labor hours $8 Standard hours allowed for work done 46,680 Compute the total overhead variance. Total overhead variance S 1.255 Favorable